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Sold for $3,025,000
  • $3,025,000

    8 Cannon Royal Dr, Key West, FL 33040

    2beds
    2,211sqft
    Single Family Residence
    Built in 1990
    0.33 Acres Lot
    $2,860,500 Zestimate®
    $1,368/sqft
    $4,080 Estimated rent

    Home value

    $2,860,500

    $2.60M - $3.15M

    $4,080/mo

    Zestimate® history
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    What's special

    Prestigious gated waterfront communityNew elevatorPool deckLarge walk-in closetSandy beachCascading waterfallsSplit bedroom floorplan
    Breathtaking Panoramic Open Water Sunset Views & The Ultimate in Gated Luxury Living! Located on the prestigious gated waterfront community of Shark Key only 10 mins from Key West home to multi-million-dollar residences. This gorgeous 2,211 SF 2 bed 2 bath concrete stilted, waterfront, with pool residence greets you with exquisite open water views from all angles. This beautiful residence sits on a large tropically landscaped 14,225 SF highly sought-after sunset view lot with 71 FT of prime waterfront and a sparkling 525 SF heated concrete pool with cascading waterfalls. Walls of glass windows allow seamless views of the most spectacular sunsets from your open plan gourmet kitchen, dining and living area. The chef's kitchen features high-end stainless-steel appliances and a bar counter for easy entertaining. The spacious living room leads out to a covered porch where you can soak up the stunning sunset while sipping cocktails and feel the tropical breeze while you look out for dolphins, sting rays and manatees swimming close by. Split bedroom floorplan with the enormous primary suite with French doors, a large walk-in closet, bathroom with a soaking tub & a separate shower. The guest bedroom is on the opposite side of the home allowing utmost privacy. The guest bathroom has a tub/shower and there is a separate laundry room with tons of storage. Pavered driveway. Huge 1,779 SF concrete enclosed 2 car garage and storage area with hurricane impact rated automated garage doors and impact windows. 876 SF covered porches. New roof, railings & commercial grade hurricane impact windows & doors throughout the home. New Elevator allows easy access from the garage & pool deck. Exclusive Shark Key exudes a Caribbean Island Ambiance with lots of amenities including; sparkling lagoons, a Club House, an inland swimming lagoon with a sandy Beach, two tennis courts ,pickle ball & bocce ball. Watch the awesome video to satisfy your virtual showing requests. Welcome to Paradise!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Swanson,

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Bought with:

    Century 21 Circle - Key West

    Source: FLKMLS,MLS#: 602862MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Disposal, Freezer, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Built-in Features, Granite Counters, Storage, Walk-in Closet(s)
    • Flooring: Tile
    Interior area
    • Total structure area: 2,211
    • Total interior livable area: 2,211 sqft

    Property

    Parking
    • Parking features: Attached, Garage Door Opener, Open
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Exterior features: Rain Gutters, Lighting, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced,Privacy
    • On waterfront: Yes
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 00159252000400
    • Zoning: IS - Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Year built: 1990

    Community & HOA

    Community
    • Features: Clubhouse, Beach
    • Security: Security Gate, Security System
    • Subdivision: Shark Key (11.0)
    HOA
    • Has HOA: Yes
    • Services included: Common Area Mnt, Security
    • HOA fee: $1,360 quarterly
    Location
    • Region: Key West

    Financial & listing details

    • Price per square foot: $1,368/sqft
    • Tax assessed value: $2,208,605
    • Annual tax amount: $9,578
    • Date on market: 10/24/2022

    Price history

    DateEventPrice
    7/27/2023Sold$3,025,000-6.9%$1,368/sqft
    Source: FLKMLS #602862 Report a problem
    7/8/2023Pending sale$3,249,000$1,469/sqft
    Source: FLKMLS #602862 Report a problem
    6/27/2023Contingent$3,249,000$1,469/sqft
    Source: FLKMLS #602862 Report a problem
    5/16/2023Price change$3,249,000-1.5%$1,469/sqft
    Source: FLKMLS #602862 Report a problem
    4/1/2023Price change$3,299,000-2.7%$1,492/sqft
    Source: FLKMLS #602862 Report a problem
    3/15/2023Price change$3,390,000-1.6%$1,533/sqft
    Source: FLKMLS #602862 Report a problem
    3/1/2023Price change$3,445,000-1.4%$1,558/sqft
    Source: FLKMLS #602862 Report a problem
    10/24/2022Listed for sale$3,495,000+179.6%$1,581/sqft
    Source: FLKMLS #602862 Report a problem
    7/11/2019Sold$1,250,000-2.2%$565/sqft
    Source: Public Record Report a problem
    2/13/2019Listing removed$1,278,000$578/sqft
    Source: Royal Palms Realty (KW) #579036 Report a problem
    10/22/2018Price change$1,278,000-19.4%$578/sqft
    Source: Royal Palms Realty (KW) #579036 Report a problem
    5/3/2017Price change$1,585,000-11.9%$717/sqft
    Source: Royal Palms Realty (KW) #573389 Report a problem
    3/7/2017Price change$1,800,000-2.7%$814/sqft
    Source: Royal Palms Realty (KW) #573389 Report a problem
    2/7/2017Price change$1,850,000-11.9%$837/sqft
    Source: Royal Palms Realty (KW) #573389 Report a problem
    1/2/2017Listed for sale$2,100,000+164.2%$950/sqft
    Source: Royal Palms Realty (KW) #573389 Report a problem
    6/11/2014Sold$795,000$360/sqft
    Source: FLKMLS #117786 Report a problem
    5/6/2014Price change$795,000-11.6%$360/sqft
    Source: Realty Executives Florida Keys #117786 Report a problem
    2/27/2014Price change$899,000-10.1%$407/sqft
    Source: Realty Executives Florida Keys #117786 Report a problem
    1/14/2014Price change$999,500-11.2%$452/sqft
    Source: Realty Executives Florida Keys #117786 Report a problem
    12/13/2013Price change$1,125,000-10%$509/sqft
    Source: Realty Executives Florida Keys #117786 Report a problem
    3/7/2013Listed for sale$1,250,000+19%$565/sqft
    Source: Realty Executives Florida Keys #117786 Report a problem
    4/28/2012Listing removed$1,050,000$475/sqft
    Source: Realty Executives Florida Keys #114841 Report a problem
    5/22/2011Listed for sale$1,050,000+118.8%$475/sqft
    Source: Vflyer Homes #114841 Report a problem
    10/11/2000Sold$480,000$217/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,664 -10.8%$2,208,605 -13.4%
    2024$22,040 +132.1%$2,550,183 +129.8%
    2023$9,496 +2.8%$1,109,670 +3%
    2022$9,238 -3.6%$1,077,350 +3%
    2021$9,579 +0.4%$1,045,971 +1.4%
    2020$9,539 $1,031,530 +6.6%
    2019$9,539 +1.9%$967,458 -3.7%
    2018$9,362 -5.8%$1,005,004 +5.1%
    2017$9,938 +8.5%$955,895 +21.2%
    2016$9,162 +9.8%$788,386 -13.4%
    2015$8,347 $910,624
    Find assessor info on the county website

    Neighborhood: 33040

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,860,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,860,500